Energy, Oil & Gas

Oil tops $90 a barrel as renewed Gulf uncertainty rattles market

Oil prices surged above $90 a barrel on Monday as the escalating military confrontation between the United States and Iran heightened concerns over supplies from the Gulf, with shipping through the Strait of Hormuz remaining severely disrupted following another night of attacks....

Energy, Oil & Gas

Oil rises as renewed US-Iran clashes rekindle concerns over Strait of Hormuz

Oil prices edged higher on Monday after fresh exchanges of fire between the US and Iran renewed concerns over the security of shipping through the Strait of Hormuz, highlighting the fragility of an interim peace agreement reached earlier this month....

Energy, Oil & Gas

Indonesia to maintain subsidised fuel prices through 2026

Subsidised fuel prices in Indonesia will remain unchanged through the end of 2026, Energy and Mineral Resources Minister Bahlil Lahadalia said....

Energy, Oil & Gas

European gas prices jump following rising tensions in Mideast

European gas prices have surged following rising tensions in the Middle East, as failed ceasefire talks between Iran and the US unsettle global energy markets. ...

Energy, Oil & Gas

Oil prices soar 30% to $119 a barrel as ​producers cut supplies

Oil prices surged nearly 30% to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major ​producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding US-Israeli war with Iran....